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Property Description

Excellent investment opportunity! This duplex generates a strong gross income of $51,708/year and offers two spacious units, each featuring 2 bedrooms, 1 full bathroom, and approximately 800 sq.ft. of living space. The front unit was updated with new vinyl plank flooring in 2021 and has been occupied by the same tenant for 4 years, while the back unit houses a long-term tenant. Both tenants are Section 8, ensuring on-time rent payments and stable income. The property also includes a 2-car garage, offering ADU potential or the opportunity for a garage conversion to increase rental income. Located in a high-demand rental area, this duplex offers consistent cash flow, strong tenant stability, and long-term upside. Perfect for any investor looking to secure a solid income-producing asset with built-in value-add options.

Overview

Property Status
For Sale
Lot Size
7,542 Sq.Ft.
MLS ID
OC25101014
Property Type
Multi-Family
Year Built
1954

Features & Amenities

Neighborhood
Los Angeles County
Architecture Styles
Mid-Century Modern
View Description
None
Stories
1
Garage Spaces
2.0
Water Source
Public
Utilites
Electricity Available, Sewer Connected, Water Available
Pool
None
Roof
Tar/Gravel
Lot Features
2-5 Units/Acre
Parking
Driveway, Garage Faces Side
Heat Type
Heat Pump
Air Conditioning
Heat Pump
Sewer
Public Sewer
Substructure
Slab
Security Features
Carbon Monoxide Detector(s), Smoke Detector(s)
Sales Price
$500,000
Zoning
LRR2*

Downloads

1231 W Avenue H15

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for your interest in 1231 W Avenue H15, Lancaster, CA 93534

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1231 W Avenue H15

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